Auckland Council's revenue could fall by $550 million because of the Covid-19 crisis.
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The council gets 60 percent of its revenue from concerts, leisure centres, Ports of Auckland, dividends from Auckland Airport shares, parking and public transport fares.
A new analysis shows income from those sources has dried up during the pandemic and the council expects to lose $550m in the next financial year as a result.
Auckland Council is considering postponing or deferring rate payments to help people struggling because of the pandemic.
Mayor Phil Goff said that would mean the council losing a further $65m.
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